Is Lottsburg, VA 22511 a buyer’s or seller’s market?
Lottsburg is a buyer’s market. With about 19.8 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Lottsburg housing market right now
In the three months ending August 31, 2026, 0% of homes in Lottsburg, VA 22511 sold above their list price, the typical home went under contract in 104 days and there were 19.8 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 5 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking fell from 38%, homes sold more slowly (57 days then) and the median sale price fell 36% to $294,872. Overall, Lottsburg is less competitive than a year ago, which gives buyers more room.
Within Northumberland County, homes here sell more slowly, and less often over asking, than in any other ZIP code in the county.
Nearby, Callao 22435 (20% sold over asking) and Heathsville 22473 (15% sold over asking) are even more competitive.
Run the numbers for 22511
Nearby markets
Burgess 22432Buyer’s market $267 /sq ftCallao 22435Balanced $175 /sq ftHeathsville 22473Balanced $260 /sq ftKilmarnock 22482Buyer’s market $202 /sq ft Browse all markets →Towns like Lottsburg nearby
Find towns like Lottsburg in other states →Where Lottsburg is
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Questions about Lottsburg real estate
Is Lottsburg a buyer’s or seller’s market?
A buyer’s market: there were 19.8 months of supply in Lottsburg, VA 22511 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Lottsburg?
The typical home went under contract in 104 days in the latest three months.
Do homes in Lottsburg sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 91.4% of the list price.
What are property taxes in Lottsburg?
About 0.47% of a home’s value a year in Northumberland County, or roughly $1,880 on a $400,000 home.
What is the median home price in Lottsburg?
The median sale price was $294,872 in the three months ending August 31, 2026, about $252 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology